BTC now has a 9 month cycle projection of 28,000. Breaking 29,000 would result in a conventional measured move target of 0 for the head and shoulders pattern breakdown. Actually -5,000, but I don’t think it can go negative, can it? – CHART
A little panic after the close on Friday, with piling on in the early going in Asia broke the longest megaphone. But the Europeans rode to the rescue at their open, bringing the ES futures back from a touch of the lower line of the shortest widest one….
It never gets old, does it?
Update- I’ve been moaning and groaning to the Twitter “support” to no avail. I guess that saying that the dead guy who ran Subway died…
They keep multiplying.
I apologize to everyone who left a comment today. I have approved them but discovered that they are not displaying. I’m a big believer in,…
Today is the day Jaysus will rise from the dead, as he does every six weeks, and pronounce the Word. His acolytes will spend the day in quiet prayer, then shout Hosanna when he appears .They will dance in the Street and speak in tongues as they writhe …
What else is there?
The one hour bars suggest a ton of resistance at 4258, but the 5 day and 2-3 day cycle projections says 4265-70
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And it is true that I have absolutely nothing intelligent to say about this. Perhaps you do, but I don’t.
I just can’t.
OK, let’s zoom into the 30 minute bars and see if it makes any more sense.
Well, no. But the 2-3 day and 5 day cycle projections are now both around 4260.
